Mastercard carries a market cap of approximately $470 billion as of early 2026, trading on the NYSE under ticker MA. The payment network company has compounded at roughly 25% annually since its 2006 IPO, making it one of the best-performing stocks in the S&P 500 over that period as global cashless payment volumes consistently exceeded expectations.
Market Cap Of Mastercard
NYSE market cap from the May 2006 IPO through 2026. Mastercard was a bank-owned cooperative before 2006 and has no public market cap data before that date. The growth curve reflects consistent global payment volume expansion and a high-margin fee model.
Year-On-Year Mastercard Market Cap
| Year | Market Cap (USD) | YoY Change |
|---|---|---|
| 2016 | $108B | — |
| 2017 | $148B | +37.0% |
| 2018 | $180B | +21.6% |
| 2019 | $284B | +57.8% |
| 2020 | $332B | +16.9% |
| 2021 | $360B | +8.4% |
| 2022 | $332B | −7.8% |
| 2023 | $396B | +19.3% |
| 2024 | $452B | +14.1% |
| 2025 | $470B | +4.0% |
Note: Mastercard was a private, bank-owned cooperative from 1966 to 2006, so no public market cap data exists before its NYSE IPO. The 2022 dip reflects rate-hike concerns and cross-border travel volume uncertainty, while the 2023–2025 rebound tracks post-pandemic travel and consumer spending normalization.